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231 East San Fernando StreetSan Jose, CA 95112

For Sale

$4,590,000

Smart Buyer Rebate $45,900

231 E San Fernando is a fully stabilized, turnkey multifamily asset in the heart of Downtown San Jose. The property has completed a fully permitted remodel, significantly increasing bedroom count and rental income. All major value-add work has been completed, allowing a new owner to immediately benefit from strong in-place cash flow. Located directly across from San Jose State University(SJSU), the property enjoys consistent rental demand, minimal vacancy, and easy leasing. Supported by a strong student tenant base and proximity to Silicon Valley employers, this asset offers both immediate yield and long-term growth potential.

Listed by Huan Fang

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License #02148629

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Suen, Peter

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5412398

Last updated May 11, 2026

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Source: SFAR #426129453

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Campus
  • Days on Prevu37
  • Size7,776 sqft
  • Price per sqft$590

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

05/11/2026
Listed by Suen, Peter
$4,590,000

Property Details for 231 East San Fernando Street

Exterior

Construction

  • Number Of Units Total: 12
  • Property Condition: Updated/Remodeled
  • Roof: Flat
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1960
  • Construction Materials: Frame, Stucco

Measurements

  • Lot Features: Shape Regular
  • Lot Size Acres: 0.15
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 6,599
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.9

Taxes

  • Parcel Number: 467-24-008

Interior

Features

  • Appliances: Free Standing Electric Range, Free Standing Gas Oven, Free Standing Refrigerator, Microwave
  • Flooring: Tile, Vinyl

Measurements

  • Living Area: 7,776
  • Living Area Source: Assessor Auto-Fill

Rooms

  • Rooms Total: 36

Parking

Parking

  • Parking Features: Carport
  • Parking Total: 10

Utilities

Equipment

  • Cooling: Room Air, Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area, In Each Unit
  • Sewer: Public Sewer
  • Utilities: City, Electric, Internet Available, Natural Gas Connected, Sewer Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 231 East San Fernando Street.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for 231 East San Fernando Street.

How does 231 East San Fernando Street compare to other multi-family homes in North Campus?

This multi-family home is listed 171% above the average price for multi-family homes in North Campus and has been on the market for 9 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 7,776 sqft.

231 East San Fernando Street is a -bedroom multi-family home for sale in San Jose CA 95112. Available on Prevu for 37 days at $4,590,000. This property features 7,776 square feet of living space, located in San Jose. The median listing price for multi-family homes in this area is $1,692,000. The home offers pets allowed and parking. Explore more multi-family home listings in San Jose.

Based on information from San Francisco Association of REALTORS® and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.